For Sale
23498 Prescott Lane W, South Lyon, MI 48178
$900,000
MLS # 20261044698 (Realcomp)
5 beds4 baths5,350 sqftBuilt 20070.36 acres
1 / 84
Listing Description
Beautiful South Lyon home on a premium private wooded lot offering 5 bedrooms, 3.5 baths and a finished basement. The main level features hardwood floors throughout, a dramatic 2-story family room with gas fireplace, and an expansive chef’s kitchen remodeled in 2020 with quartz countertops, oversized island, Viking appliances, and butler’s pantry. A gorgeous three-season room sits just off the kitchen. The first floor also has a home office, living room and dining/entertaining room. The finished basement (2016) includes a family room with projector screen, bedroom, full bath, and custom bar with detailed carpentry. Enjoy a private backyard backing to woods and commons with a patio and putting green. 3-car garage. Additional updates include major windows and front door replacement, furnace (2023), AC (2020).
Source: SparkMLS
About this home
Located in Lyon Township in South Lyon, this property offers 5-bedroom, 4-bath, 5,350 sq ft, with original construction dating to 2007.
Listed at $900,000 (about $168/sq ft).
Estimated annual property tax: $12,029, or about $1,002 monthly. Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms5
Bathrooms4
Living Area5,350 sqft
Lot Size0.36 acres
Year Built2007
Stories2
Location
CitySouth Lyon
MunicipalityLyon Twp
Zip Code48178
CountyOakland
School DistrictSouth Lyon
Construction & Systems
ConstructionBrick
Garage3 spaces
HeatingForced Air
WaterWell
SewerPublic
InteriorBasement Finished
Sale & Financing
Listed6/14/2026
Terms AcceptedCash, Conventional
HOA
HOA Fee$600 / Annually
Source: SparkMLS
Tax Information
Annual Tax$8,445
State Equalized Value$380,080
Taxable Value$279,220
Parcel #2125101091
Source: Public Records
Legal Description
T1N, R7E, SEC 25 OAKLAND COUNTY CONDOMINIUM PLAN NO 1818 LYON RIDGE CONDO UNIT 91 L 36678 P 384 12-05-05 FR 100-018
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by John K Goodman
Century 21 Curran & Oberski
Frequently Asked Questions about 23498 Prescott Lane W, South Lyon, MI 48178
What school district is 23498 Prescott Lane W, South Lyon, MI 48178 in?
Per MLS# 20261044698, this property is served by South Lyon. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 20261044698, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20261044698, the most recent reported annual property tax for 23498 Prescott Lane W, South Lyon, MI 48178 is $8,445. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 23498 Prescott Lane W, South Lyon, MI 48178 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 23498 Prescott Lane W, South Lyon, MI 48178 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Sewer: Public. Water: Well. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Oakland County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
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Tax Estimate
$
Annual tax$12,029
Monthly$1,002
Millage rate31.6481 mills
Municipality: CHARTER TOWNSHIP OF LYON
School district: SOUTH LYON COMMUNITY SCHOOLS
County: Oakland
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
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Monthly payment$6,890
Principal & interest$5,837
Property taxes$1,002
HOA$50
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
23498 Prescott Lane W, South Lyon, MI 48178
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Municipality
Lyon Township
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County
Washtenaw County
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